Emerging markets are clearly still attractive for long-term investors, however growth and equity market returns can vary hugely amongst developing countries, with little consistency year to year, creating challenges for investors and their advisers, L&G Investments says.
UK manager L&G Investments’ managing director of investments Simon Ellis has left the firm.
Legal & General Investment Management has hired Marion Stommel from WestLB Mellon Asset Management as head of credit, after its investment business reported outstanding first half results last month.
The biggest index providers are having to rethink structures, but it is a delicate process of anticipation and collaboration.
The latest rebalancing of the FE Adviser Fund Index (AFI) indices suggests that UK independent financial advisers are keeping clients exposed to European assets, whilst still guarding against associated risk.